Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 8.57 to 3.93 4.99 (22.84%) . .
Intermediate 6.41 to 3.93 . 4.99 (42.74%) .
Short 5.15 to 3.93 . . 4.99 (86.89%)